English, Article, Journal or magazine article edition: The evolution of markets in early modern Europe, 1350-1800: A study of grain prices Victoria N. Bateman

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Bookmark: http://trove.nla.gov.au/version/20350
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The evolution of markets in early modern Europe, 1350-1800: A study of grain prices
Author
  • Victoria N. Bateman
Physical Description
  • preprint
Notes
  • This paper attempts to establish the trend of market development in Europe in the centuries before the industrial revolution, by applying three different measures of market integration to a compilation of monthly and annual price data. In contrast to much of the existing work, which suggests that markets generally improved during this time, the findings propose that markets were as well integrated in the fifteenth century as in the late eighteenth century. In between these two times, markets are found to have suffered a severe contraction. These results provide a challenge to our current thoughts on economic growth.
  • Market Integration, Economic Growth, European Economic History, Price Data, Fixed Effects Panel Model
  • RePEc:oxf:wpaper:350
Language
  • English
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